________ is commonly called the "father of scientific management" because of the significance of his contributions.
A) Frank Gilbreth
B) Henry L. Gantt
C) Lillian Gilbreth
D) Henri Fayol
E) Frederick W. Taylor
Ans: E) Frederick W. Taylor
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Which of the following statements regarding an immediate annuity is NOT correct?
A) A single premium immediate annuity is designed to make its first benefit payment to the annuitant at the first payment after a delay of 1 payment interval from the date of purchase. B) An immediate annuity has a long accumulation period. C) An immediate annuity must make its first payment within 12 months from the purchase date. D) An immediate annuity is funded with a single payment.
Which of the following written endorsements would be an example of an endorsement prohibiting further endorsement?
A. "Pay to Elaine, without recourse, [signed] John" B. "For collection only, [signed] John" C. "Pay to Elaine only, [signed] John" D. "Pay to Elaine, agent for John [signed] John"